According to the Harvard Business Review, nearly 90% of global companies have digital and AI transformations underway. These are spread across nearly every sector of the economy and impact nearly every aspect of supply chains and operating models. Introduction to Supply Chain…
Effectively managing your inventory is a delicate balance between having enough stock on hand to meet customers' needs without paying extra to store the excess. With these inventory analysis tips and techniques, you'll learn how to manage your stock to…
The American Productivity & Quality Center (APQC) puts out an annual Supply Chain Management Priorities and Challenges report. In 2023, the report shows that 62% of organizations missed their targets for the year and nearly 80% of organizations fell short…
A transportation management system (TMS) is a software tool that enables businesses to manage how they move their products from one place to another. It helps them plan, track, and optimize the transportation process. Typically, a TMS is one piece…
As companies have worked on new ways to boost supply chain resiliency, many have turned to artificial intelligence. Early results are promising, with companies reporting a 15 percent reduction in logistics costs. AI continues to evolve with new solutions emerging…
With the rise of cloud computing, companies offering Software as a Service (SaaS) have changed the way many businesses operate. These solutions are often more convenient for employees, who can access important company data from anywhere. For business owners, SaaS…
Information is an important part of logistics. Technology has enabled precise location tracking that provides detailed information to improve your time to deliver and other metrics. As technology improves, so does accurate location tracking. Ultra-wideband, or UWB technology, uses the…
Nearly three-quarters of businesses say digital transformation is a top priority. Yet, according to Bain & Company, 88% of digital transformation efforts fail to meet their objectives. Setting an agenda for your digital transformation project is challenging and next steps…
Today’s customer demands are getting bigger. They want fast fulfillment, 100% order accuracy, and easy reverse logistics — and they want it all for free or at minimal cost. Fail to deliver and you risk impacting customer satisfaction and retention.…
Artificial intelligence (AI) is no longer just a buzzword or an alien concept mentioned at tech conferences. It's here to stay, and it's transforming the way many businesses looking to stay ahead of the curve operate. It's no wonder that 73%…
